Statistical Analysis And Class Actions: Part 1
This article from Law360 by Dr. Nathan Woods, a partner at Edgeworth, is the first article in a three part series discussing the statistical analysis of class certification topics in wage-and-hour class and collective actions.
Here, Dr. Woods reviews the problems associated with relying on overall averages in addressing class certification. He says that in statistical analyses, it is critical not to be misled by averages that may mask important underlying variability. Dr. Woods uses several examples to demonstrate the flaws associated with simple averages and other methods that may be misleading.
Read “Statistical Analysis And Class Actions: Part 1.”
For more insights on this topic, read “Statistical Analysis And Class Actions: Part 2” and “Statistical Analysis And Class Actions: Part 3.”
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